The key pattern that is always the final warning sign of the collapse of a society becomes most self-evident within two primary factors:
1) The Rule of Law
2) The rise in taxation
Each is fueled by government waste and inherent corruption. Japan has been the bastion of inherent political corruption and will be the next to collapse into dust as it approaches as 26 year low.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair
There can be only one solution other than default or hyperinflation, which both wipe-out all the pensions and savings of the working class while rights turn to just dust in the wind. We will present the only possible solution at the San Diego Conference (September 22-23rd, 2012) with how to survive what could become the fall of Western Society as governments refuse to live within their means turning against the people to save the bankers.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair
"It is the DEBT that destroys empires – not fiat currency."
"I do not hate gold nor do I think gold is a barbaric relic from the past. It has its role as a hedge against the unsound finance or government, but it is a person investment hedge, not legal tender money where government gets to dictate its value and confiscate it."
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair